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Achieving Substantial Credit Card Savings for Your Practice

We are currently working with a new company that is helping us negotiate much processing rates. This company acts like a broker or finder. It brings small businesses to one of several card processors with which it has negotiated reduced rates usually reserved for big companies with huge credit card volume, not the typical professional practice. The new plan is called “cost plus” which means that we will pay just the interchange fees, dues and assessments, and a small mark-up of approximately 0.2% to 0.4% and ten cents per transaction.